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SC REALTORS® worked to get changes to state laws in 2020. Rollback taxes were changed from 5 years to 3 years in a bill signed by the Governor in September 2020. https://www.scstatehouse.gov/sess123_2019-2020/bills/3596.htm If buyers are looking at closing a real estate impacted by rollback taxes, perhaps these buyers may want to consider closing after 2020… Continue Reading SC REALTORS(R) Potentially Got Rollback Tax Savings for Buyers, Consider Close in 2021

Click this NAR link:https://www.nar.realtor/safety/realtor-safety-network To notify law enforcement of a live emergency, please contact 9-1-1. The National Association of REALTORS® is committed to the safety of our members. Through the REALTOR® Safety Network, NAR will deploy REALTOR® Safety Alerts via social media when a physical or cyberthreat to REALTORS® warrants national attention. For example: A… Continue Reading Filing a Report on the NAR Safety Alert Network

Always be vigilant in protecting your personal information. If you receive requests for any personal information via phone or text originating from any phone number not known to you, do not respond. If you have any concerns about the legitimacy of a communication or request from NAR, please hang up and contact our Member Support… Continue Reading Suspicious Calls Allegedly from NAR? Might be a Scam!

Good risk management strategy to train your associated licensees, employees, staff, independent contractors, etc. to avoid/prevent harassment issues. Here is a NAR video on preventing/avoiding/disciplining harassment: https://www.nar.realtor/videos/hot-topics-in-employment-liability Posted by: Byron King on 11/02/20 (This information is only accurate as of 11/02/20. You must contact SCR for updates and changes to this information after 11/02/20 as… Continue Reading Risk Management: Harassment Video from NAR

Pursuant to FIRRMA, CFIUS is authorized to review certain transactions involving the purchase or the lease by, or a concession to, a foreign person of certain real estate in the United States, beginning on February 13, 2020. https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius/cfius-real-estate-instructions-part-802 Posted by: Byron King on 10/30/20 (This information is only accurate as of 10/30/20. You must contact… Continue Reading CFIUS Real Estate Impacts